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Haute Property

Pricey Dallas estate in private community keeps a secret out back

Candy Evans
Jul 1, 2015 | 6:00 am

A new listing may raise the price bar in a chichi North Dallas neighborhood. The nearly 7,000-square-foot home at 12258 Creek Forest Dr., in the gated Lake Forest community, has just hit the market for $3.9 million.

The house next door had been priced at $3.8 million, says Allie Beth Allman listing agent Keith Conlon, but this one has more packed into it. Price per square foot: $561 and some change.

The house was built in 2011 by well-known Dallas homebuilder George Lewis. With a design reminiscent of a Tuscan villa, it has four bedrooms (including two masters), four baths and an elevator.

But the elevator isn’t the most impressive feature; it’s the view from the back. Beyond the private pool, putting green, fire pit and lake, you can see the office buildings running up the Central Expressway/Forest Lane corridor. It gives this suburban-looking home an urban vibe.

Sliding glass doors connect one of two living areas to the massive back porch, which can be screened in. The house also has a great room with even greater wood beams and a large kitchen with curved center island. Hanging over the island is a wrought-iron fixture that mimics many others in the house, from the dining chandelier to the entry sconces.

The first-floor master suite comprises a sitting area, balcony, bath with double vanities and an almost disconcerting number of mirrors, and a closet with a view. Upstairs are three more bedrooms, plus an extra 570 square feet of storage.

Lake Forest is a gated community (read: HOA) with 68 park-like acres filled with winding creeks, lakes, waterfalls and oak trees. Amenities include walking and jogging tails, dog park, swim pavilion, tennis courts, and picnic areas. Despite the retreat-like setting, in this home you will never lose sight of the fact that you live in a bustling city, even if you’re 10 miles away from downtown.

---

A version of this story originally was published on Candy’s Dirt.

Possibilities are endless in this game room.

Game room at 122258 Creek Forest Dr. in Dallas
Photo courtesy of Allie Beth Allman & Associates
Possibilities are endless in this game room.
unspecified
news/real-estate
news/home-design

homebuyer power play

Dallas declared one of the top 10 buyer's markets in the U.S. right now

Amber Heckler
Sep 18, 2026 | 2:35 pm
Dallas skyline with reflection
joe daniel price/Getty Images
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The tide has turned for the Dallas housing market, and buyers now have more power than ever to negotiate on their forever home, a new real estate report has confirmed.

Dallas has now become one of the top 10 strongest buyer's markets in the nation with sellers outnumbering buyers by 107 percent, Redfin's newest market trends report found.

Nationally, sellers outnumbered buyers by 58 percent in August 2026, which Redfin says is the largest gap on record. Out of the 49 most populous metros in the U.S., only five are considered seller's markets, and eight are considered "balanced" markets where the number of buyers and sellers are nearly equal.

That leaves the remaining 36 most populated U.S. metros as buyer's markets, which includes the biggest cities in the Lone Star State. In fact, four Texas cities rank among the 10 strongest buyer's markets in the country right now: Houston (No. 3), San Antonio (No. 6), Austin (No. 7), and Dallas (No. 8).

There were 30,854 sellers on the market in Dallas last month, more than double the amount of buyers (14,865). The market's tilt in favor of house hunters allows more legroom to be picky with the increased supply of available housing, while falling demand indicates less competition with other buyers.

"In most markets, buyers should negotiate on price and ask for concessions like repairs or help with closing costs," said Redfin senior economist Asad Khan. "Buyers shouldn’t assume every seller will budge, especially on a desirable home that’s already priced well, but they don’t need to rush into a deal that doesn’t feel right."

For sellers that want to stand out in a saturated market, Redfin suggests they should price their homes competitively and be prepared to negotiate.

A separate Redfin report found mid-September is the best time for Dallasites to buy a home, but other experts say hesitant shoppers have until early October to take the plunge.

Regardless of the timeline, the report warns that the recent surge of available housing is only beneficial for homebuyers that can afford it.

"High housing costs and widespread economic uncertainty have caused many would-be buyers to back off in recent years, creating the imbalance of buyers and sellers we see today," the report said.

The median price of a home in Dallas came out to $408,561 in August, though 79 percent of all home sales in the city sold for below their original asking price.

The top 10 strongest buyer's markets in the U.S. are:

  • No. 1 – Nashville, Tennessee
  • No. 2 – Miami, Florida
  • No. 3 – Houston, Texas
  • No. 4 – Orlando, Florida
  • No. 5 – Las Vegas, Nevada
  • No. 6 – San Antonio, Texas
  • No. 7 – Austin, Texas
  • No. 8 – Dallas, Texas
  • No. 9 – Atlanta, Georgia
  • No. 10 – Phoenix, Arizona
"Nashville, Texas, and Florida are home to robust buyer’s markets partly because they have some of the most active homebuilding pipelines in the country, with newly built homes continuing to hit the market even as demand cools," the report said.
real estate housing market dallas real estate report housing
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